areste

please give another link ( the other link is dead) for

1. mt4 broco

2. the manual

it is exactly the same... IMO

and I've talk about that on p.10 step 3

 

all calculations are based on that, posted in post #82

it is in the excel sheet "Input" - all is based on it... and I am not able to undrestand what are the quotes there

can someone re-upload the manual because 4shared link can not find

mt4 brco

http://depositfiles.com/files/0jxlpgqw3

hi mykap can you re-upload to mediafire..thanks bro

Re: Is it safe to trade Forex for Living ?

Well, i would suggest it is better you do not entirely depend on trading alone, as there is risk involved in it and where there is a risk, it is more or less like a gamble. So, it`s better you have other activities to make money and not just trading alone... Or, we may end up like Nicholas Cage, leaving las Vegas...

The dollar fell yesterday, boosting the euro after a long time as commodities found ground and eurozone ministers asked Greece's government to cut down on debt by march 16th to stabilise it's economy. Henrik Gullberg, a currency strategist at Deutsche Bank AG in London, said: "The market seems to be driven by improved risk appetite. The euro also gained some ground as some signs emerged that policy makers are warming up to the idea of providing some help to Greece. The market might have gone too far in terms of risk aversion recently.”

The dollar fell to $1.3759 against the euro. The dollar was down 0.8% against the pound to $1.5787. The dollar rose 0.2% against the yen to 90.16 yen.

Well, most of the traders know that price changes with change in time. Hence, time is an important factor. There are several periods of time based on which analytical skills of traders can be applied in order to achieve maximum profits. There are many Time Frames, presented in most platforms offered by today`s brokers, so that the client is completely satisfied. The most popular forex trading platform is MT4 which offers the Time Frames below:

M1 | M5 | M15 | M30 | H1 | H4 | D1 | WK1 | MN1

Out of the periods mentioned above, M1 and M5 are mostly used by scalpers who want to always be active with some trade floating their equity. The M15 and M30 are preferred by short term traders who intend to make about 50-100 pips from each trade. The H1 and H4 are used by medium term traders who would project profits in 100-500 pips per trade. The D1, WK1 and MN1 are massive time frames mostly popular among big financial institutions and even some hedge funds and of course some long term traders out of a general audience.

I usually trade the M15 and M30 looking at H4 chart for the bigger trend.

Feel free to comment your thoughts!

I have used more than a dozen brokers. Some of them handle margin calls when the Equity <= 5%, 10%, 25%, 50% and 100% of the margin used per trade. Some other brokers permit the Equity to go as low as 1% of the whole account!.

I prefer the latter for some scalping trades and a 100% Maintenance Margin requirement for some trades that forcibly requires discipline. But the funny thing is that, i have always been doing extremely well only with 100% MM for an MC. All other cases tempt me to stay in the open position and as we know that the market does not favor the word "Hope".

But i would love to have a 1% MM for MC so that it`s very flexible and i simply have to calculate how much margin is required to open 0.01 lot and multiply it with how many lots i intend to trade and then multiply it with the percentage i like to set my MC at... This is almost like a Mental Stop-Loss.

So, what would you like to have as the most comfortable Maintenance Margin for a Margin Call? Feel Free to post your opinion and project your ideas!.

The euro continued to fall against the dollar and the yen after speculations went around that European recovey may be slowing down. Geoffrey Yu, a currency strategist at UBS AG in London, said: " The statement yesterday bought the euro zone some time but unless something is done soon, downside pressure on the euro will persist. The economic data will give euro zone leaders an even greater incentive to get Greece sorted.”

The euro declined as much as 1.2 percent to $1.3532. The euro declined as much as 1.2 percent to $1.3532.

well today the Euro is little bright than last week...